OKX DEX suffers exploit resulting in over $430k loss
An X wallet for OKX Web3 confirmed in a post that a deprecated smart contract on OKX DEX had been compromised. While the official post-mortem is yet to come, analysts at SlowMist said in an X post that OKX DEX proxy admin owner’s private key was likely leaked, allowing hackers to take over the protocol and change its functionality. Once the protocol was upgraded with malicious functions, attackers began calling the DEX proxy contract to steal tokens from users, who previously gave the protocol permission to interact with their wallets. SlowMist Security Alert: OKX DEX Proxy Admin Owner's Private Key Suspected to be Leaked According to information from SlowMist Zone, the OKX DEX contract appears to have encountered an issue. After SlowMist's Analysis , it was found that when users exchange, they authorize… — SlowMist (@SlowMist_Team) December 13, 2023 You might also like: Smart contract exploit in TIME token leads to $188k loss According to preliminary...